27 Ridge RdGreenvilleSC29617
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Greenville at 27 Ridge Rd, Greenville, SC, 29617 offers $2,029/mo rent that, after a $1,341/mo payment, leaves $398/mo cash flow. Total monthly income is $2,029/mo, and annual cash flow is $4,776/yr on $90,831 cash. Return on cash invested measures 25.17% in year one, and rental yield stands at 8.89% at a $274,000 entry. Equity gained on principal adds $1,768/yr while 5% annual appreciation compounds into $75,701 by year five. Five-year ROI records 130.79% and total cumulative return in cash reaches $118,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,029/mo property income versus a $1,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29617, Greenville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 8,361 (61.1%) |
| Renter Occupied HU | 4,476 (32.7%) |
| Vacant Housing Units | 841 ( 6.1%) |
| Median Home Value | $247,851 |
| Average Home Value | $301,832 |
Housing Distribution
Address Breakdown
Residential
12,919
Single Family
11,154
Multi-Family
1,765
Businesses
368
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Listed by: Mike Pocisk • EXP Realty LLC
Mls Name: Greater Greenville AOR
Mls ID: #1570095